Selling engagement ring

[unicornsrule]

Was bought 16 years ago for £800
How much would i get for it

What kind of ring is it? Probably not much, jewellery tends to sell for much less than bought unless very high quality

Not much at all.

You’d be lucky to get £50.

Best thing to do is get it valued but jewelry does seem to lose a lot of value but you might get lucky

Diamond

Mine cost 1250. Its now selling for 1450. I was curious a couple of years ago about what it would sell for. Apparently no more than 200.

Have you got the diamond certificate? With the information (4Cs) it’s easier to get an estimate.

Have you got it off your finger then?

What sort of metal, what grade of diamond?

Fuck all I’d imagine. Unless it’s premium quality, second hand jewellery sells for very little.

Clean it up and take it to be valued, but not very much in my experience.

I've put one for auction recently. The estimate is 10k to 15k. But it was valued at £40k for insurance purposes. So 25% of insurance amount, minus 20% which the auction house will charge me. (It was a gift).

Mine was brought for £1300. I regularly have it cleaned and the man I take it to always offers to buy mine for £700 apparently it’s a lovely quality cut diamond however I’d never sale even if it was worth nothing as it comes from my DH.

You won't get much. I had a £1300 effort which I was repeatedly offered metal base value for. I bunged it on eBay in the end and doubled that.

Do you have the diamond certificate?

I’d take it to a couple of jewellery shops and see what they say.

Sadly Second hand is normally only worth 15-20% of the original purchase price if that, and that’s only for really good quality pieces with certified diamonds.

Mine was around 3k new and for insurance it’s valued around 5k if I wanted to sell it I’d be lucky to get £800-1k (if that I did think about it a couple of times)

I do love my engagement ring.

Yes have the certificate